All Forum Posts by: Nitanth Vangala

Hey guys,

I'm just curious if any of you have had problems with taking out HELOCs on properties vested under an LLC. I've been told that I can take out a HELOC however the property has to come out of the LLC and stay under our personal names.

I inquired about doing something similar to a refinance where the property is taken out of the LLC before closing and then put back into it afterwards but apparently this also is not possible. Have you guys had similar issues with this? These particular investment properties are a duplex and a fourplex with Fremont bank and are located in Southern California. Any thoughts?

Hey everyone, 

Just curious, how do you guys pull out accrued equity in a commercial real estate or multifamily (greater than 5 units) property? From what I can gather, HELOCs on these types of properties are rare. Cash out refinance would be another possibility but is there not a  prepayment penalty in the first 5 years of a commercial loan?

Hey guys,

I have started doing some research into out of state investing. I’m just curious, what cities do you guys feel would be the best cities to invest in for 2021? What are the reasons for the particular city you mentioned? I’m particularly interested in areas that will appreciate as opposed to just cash flow. I’m also restricting my search to multi family investments as opposed to single family homes.

Thanks for your input!